Non bailable warrant against Vijay Mallyahttps://indianexpress.com/article/india/non-bailable-warrant-against-vijay-mallya/

Non bailable warrant against Vijay Mallya

The investigative agency in its chargesheet had last week accused Mallya's Kingfisher Airlines of diverting Rs 263 crore from Rs 900 crore IDBI loan for "personal use".

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Vijay Mallya. (Source: File Photo)

A special CBI court on Tuesday issued a non bailable warrant against Vijay Mallya in a loan default case after the premier investigative agency moved extradition plea against the liquor baron. The CBI in its chargesheet had last week accused Mallya’s Kingfisher Airlines of diverting Rs 263 crore from Rs 900 crore IDBI loan for “personal use”.

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The agency has named Mallya, Kingfisher Airlines and nine others, including the then IDBI Chairman Yogesh Aggarwal, who were arrested in connection with the 2015 loan default case, in the charge sheet. It has slapped IPC sections related to criminal conspiracy, cheating and provisions of Prevention of Corruption Act on the accused.

The charge sheet has now paved way for the CBI to approach authorities in the UK for deportation of Mallya who is believed to be in London, the sources said. They said the agency has got a non-bailable warrant issued against Mallya and might also get a Red Corner Notice against him